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lou: what impact will that have with the over stimulated the economy? >> it is crazy. lou: we cannot go back to the old ways but those who do with policy with the economy we have. >> ehud are scaring me. old-line accounting is still good. sound money, a free trade come amenable regulation, low rates of flat taxes and spending restraint. stand back and the economy welcome back bringing down the deficit. i guarantee. lou: i stand up. [laughter] lou: of party hopeful from misery, akin is awash with new support with a new fund-raiser. john bolton tomorrow on why he will not call enacted terror. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. but with advair, i'm
lou: what impact will that have with the over stimulated the economy? >> it is crazy. lou: we cannot go back to the old ways but those who do with policy with the economy we have. >> ehud are scaring me. old-line accounting is still good. sound money, a free trade come amenable regulation, low rates of flat taxes and spending restraint. stand back and the economy welcome back bringing down the deficit. i guarantee. lou: i stand up. [laughter] lou: of party hopeful from misery, akin...
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Sep 26, 2012
09/12
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lou: what impact will that have with the over stimulated the economy? >> it is crazy. lou: we cannot go back to the old ways but those who do with policy with the economy we have. >> ehud are scaring me. old-line accounting is still good. sound money, a free trade come amenable regulation, low rates of flat taxes and spending restraint. stand back and the economy welcome back bringing down the deficit. i guarantee. lou: i stand up. [laughter] lou: of party hopeful from misery, akin is awash with new support with a new fund-raiser. john bolton tomorrow on why he will not call enacted terror. and what is propping up and also the vote race for the white house. we will be right back. let's say you need to take care of legal matters. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, a
lou: what impact will that have with the over stimulated the economy? >> it is crazy. lou: we cannot go back to the old ways but those who do with policy with the economy we have. >> ehud are scaring me. old-line accounting is still good. sound money, a free trade come amenable regulation, low rates of flat taxes and spending restraint. stand back and the economy welcome back bringing down the deficit. i guarantee. lou: i stand up. [laughter] lou: of party hopeful from misery, akin...
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Sep 28, 2012
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>> again there are two economies. i think 80% of households are not better off. they have made no progress. they have still got jobless worries and their incomes haven't gone up and gone down if anything. but the top 20%, 4% unemployment, the stock market going up makes them wealthier. those 20% would tell you in a poll and polls show, this 20% of the people say yeah, things are better. but only 20. melissa: harry dent. always great. thank you. >>> fracking our way to a healthier environment? environmentalist says fracking boom is the cause of lowest carbon dioxide emissions in 20 years. he is here next to explain. fascinating stuff. >>> dire situation for many states. state workers are still making more money than people in the private sector. we have details from a revealing new report. more "money" coming up. ♪ . rachel quit the corporate grind to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out upda
>> again there are two economies. i think 80% of households are not better off. they have made no progress. they have still got jobless worries and their incomes haven't gone up and gone down if anything. but the top 20%, 4% unemployment, the stock market going up makes them wealthier. those 20% would tell you in a poll and polls show, this 20% of the people say yeah, things are better. but only 20. melissa: harry dent. always great. thank you. >>> fracking our way to a healthier...
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Sep 27, 2012
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the average american understands state of this economy. the banks on wall street monday doing good,. ashley: case in point. ohio, which is a very important swing state, if you look at their personal income since december 2007, it has risen a whopping 2.1%. in nearly five years. mr. obama has a lead not. >> yes, the pools are an open question. i don't buy it, but i'm not a professional pollster. i think we do raises another interesting point. which is what this administration promises, we did not promise certain things -- but he promised that he would have the deficit, and where are we? the deficit has doubled and the president said that he would reduce the cost of health care. that has gone on. ashley: the numbers are there. let's bring in our next guest. he talks about the need for economic patriotism. >> given how many times we have heard people from the left refer to economic patriotism,. that makes me nervous. that could kill jobs, make businesses suffer, here he is, running as a central part of a campaign message. running on something
the average american understands state of this economy. the banks on wall street monday doing good,. ashley: case in point. ohio, which is a very important swing state, if you look at their personal income since december 2007, it has risen a whopping 2.1%. in nearly five years. mr. obama has a lead not. >> yes, the pools are an open question. i don't buy it, but i'm not a professional pollster. i think we do raises another interesting point. which is what this administration promises, we...
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, and now we understand why the economy's doing poorly. he doesn't have a grip on the issues and his basic assumptions about how jobs are create the -- created are wrong. neil: i didn't realize green technology, now over the $90 billion figure, but more worrisome to me was a surprise to the president. >> well, i think he was shocked when he turned around, when mitt romney said $90 billion could have hiredded 2 million teachers. that's a stunning figure. neil: dwarfed the oil companies. >> yeah, which, by the way, is not for the oil companies. neil: a special credit allowance >> an accounting treatment older than the two presidents running combined. the subcontractors, the small businesses, costs thousands of jobs, but in addition to that, mitt romney's point was it's a small exemption, and what he gave the solyndr as of the world is 50 years of that exemption. another powerful moment, frustrating, the president talks about a mythical tax cuts we give to companies to ship jobs overseas. mitt romney says i've been in business for 25 years, i
, and now we understand why the economy's doing poorly. he doesn't have a grip on the issues and his basic assumptions about how jobs are create the -- created are wrong. neil: i didn't realize green technology, now over the $90 billion figure, but more worrisome to me was a surprise to the president. >> well, i think he was shocked when he turned around, when mitt romney said $90 billion could have hiredded 2 million teachers. that's a stunning figure. neil: dwarfed the oil companies....
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Sep 29, 2012
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this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are need a program to help them get through difficult times on a temporary basis. after this economy turns around they will be fully employed. i hate to criticize a program because there are some people abuse it. the vast majority of people are good, hard-working people that need it. i can only tell you if you play by the rules, under the food stamp program you don't get a lot, at least for food. the ones i'm really thinking about during last week were kids. i mean, skip a few meals, it is kids living through it. melissa: nobody wants kids to go hungr
this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are...
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Sep 26, 2012
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their economy is hurting. the only thing that would help greece right now is if everybody showed up to tour the acropolis. so you don't want to tax everybody who might be coming to do just that. where am i going wrong with that? >> you're not. right now it is remarkable, airline tickets are the most heavily taxed consumer products out there. they pay 20% of every ticket is in the form of taxes. that is more than alcohol, tobacco and firearms which are things we're trying to, which are things that have sin taxes. so a definite loser for consumers. melissa: right. sean kennedy thanks so much for coming on. keep us updated on the european stupidity. >> thanks, melissa. melissa: visitors to the big apple take note, don't ever miss with a new yorker's taxi. details on the faux pas that caused this cab braille on a city street, coming up next. i kind of had this fight before myself but didn't get that violent. you can never have too much money or too many cabs. ♪ . melissa: we have the "a-team." we are joined by m
their economy is hurting. the only thing that would help greece right now is if everybody showed up to tour the acropolis. so you don't want to tax everybody who might be coming to do just that. where am i going wrong with that? >> you're not. right now it is remarkable, airline tickets are the most heavily taxed consumer products out there. they pay 20% of every ticket is in the form of taxes. that is more than alcohol, tobacco and firearms which are things we're trying to, which are...
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let's talk about the economy. i just tweeted last night, california we are not that are often we were a week ago because a week ago we were only paying $4.15 for gasoline, as of yesterday, it is $4.20 for gasoline. most people are not better off. stuart: i hate to spring this on you. i have 30 seconds left. i want you to tell me what will be the headline in the "new york times" tomorrow morning? >> obama wins. stuart: i agree with that. >> if romney wins it will be a split decision according to the mainstream media. >> absolutely correct. that is why i say mitt romney needs to buy airtime and go to the public because the mainstream media will never cover him. stuart: you have an advantage. this debate kicks off at 6:00 o'clock your time. you can stay up late to watch it all the way through. the folks on the east coast, we have a hard time. i will let you watch it for me. how is that? >> [laughter] i am sure you will be watching it, as i will. stuart: do not miss fox business coverage tonight with neil cavuto. it s
let's talk about the economy. i just tweeted last night, california we are not that are often we were a week ago because a week ago we were only paying $4.15 for gasoline, as of yesterday, it is $4.20 for gasoline. most people are not better off. stuart: i hate to spring this on you. i have 30 seconds left. i want you to tell me what will be the headline in the "new york times" tomorrow morning? >> obama wins. stuart: i agree with that. >> if romney wins it will be a split...
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Sep 26, 2012
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will that help the economy? we talk about that coming up. let's head to the floor of the stock exchange. nicole petallides, stocks trading in a narrow range. nicole: we have seen that for a few days. some selling late in the day going into the
will that help the economy? we talk about that coming up. let's head to the floor of the stock exchange. nicole petallides, stocks trading in a narrow range. nicole: we have seen that for a few days. some selling late in the day going into the
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neil: when you hear president touting improving economy numbers, still weak as we know for this stage in a recovery, but they are better than they were, and president saying hey look i've been for pursuing coal and oil as much as green energy, someone is buying, that right? >> i hope not. because it is a absolute lie from the president. and anyone that supports him to say that he is eliminating low-cost electricity in america. it is a human issue to me because it is the lives and livelihoods of my employees he is destroying, people are not buying his lies. lies. >> how i is he stopping our industry from expanding and mining more coal, white house says we have more coal mining going on today than when the president took over. >> he is doing it two ways, in our permitting, we cannot get permits for regulations, they come out of the department of interior, department of labor. rules and regulations he is playing down we cannot get permission to mine the cole. and on the utilization end, causing electric utilities to stop burning cold. an-- coal, he substitutes his wind and solar power th
neil: when you hear president touting improving economy numbers, still weak as we know for this stage in a recovery, but they are better than they were, and president saying hey look i've been for pursuing coal and oil as much as green energy, someone is buying, that right? >> i hope not. because it is a absolute lie from the president. and anyone that supports him to say that he is eliminating low-cost electricity in america. it is a human issue to me because it is the lives and...
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not the markets but the economy. what do they want to see and what are their ideas for jump starting america? former michigan governor and president of the business roundtable joining us live. dave: with sales up 95% year to date looks like everyone is thinking small these days. general manager -- that is the smart car. it is a fox business exclusive. cheryl: numbers are huge up 120% for sales year-over-year but first we will tell you what drove the market with the data download. a mixed day with the s&p 500 and the nasdaq eking out gains in the last few minutes of trading. that shows real resilience in the last few minutes. materials and consumer discretionary were the biggest laggers but you saw biotech and utility as the top performers. the euro pull away from the u.s. dollar and down three weeks gaining for the second straight day versus the greenback growing expectations with spain getting closer to seek a bailout from the euro zone boosting currency but the head of spain says not yet. not asking for a bailout y
not the markets but the economy. what do they want to see and what are their ideas for jump starting america? former michigan governor and president of the business roundtable joining us live. dave: with sales up 95% year to date looks like everyone is thinking small these days. general manager -- that is the smart car. it is a fox business exclusive. cheryl: numbers are huge up 120% for sales year-over-year but first we will tell you what drove the market with the data download. a mixed day...
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economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to stay the course. one, if not stocks, then what? money market yields have never been lower. corporate bond rates have never been lower. junk bonds have never been lower. there's not very many good options. with the interest rates seem to be poised to stay low for a long time, i think stocks look pretty good. >> thank you for being with us. you weren't that much of a buzz kill. it is three days to go until the first -- excuse me -- thh first presidential debate. be sure to stay with fox business for all that coverage. neil cavuto is li
economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to...
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Sep 30, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. john: we are back with our show from the university of north carolina. chapel hill. how many think gay marriage should be legal? how many do not? you are a liberal group. typical. not the normal north carolina audience. 60% disagree recently voted in a constitutional amendment to make sure there is not court approved a marriage. we have stuart campbell who fought against the amendment and tammy fitzgerald, you helped to pass it? why did you want in this? >> is important for the people of north carolina to define more and -- marriage. not the courts. john: you thought the judge would decide? >> it has hap
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. john: we are back with our show from...
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he is very optimistic about the economy, usually. even he yesterday with using the recession worse than the possibility of falling back. have you completely discounted that possibility? >> no. i think it is -- the likely impact will be something less than that. when you only have 4% or so nominal gdp growth, there is not much of a question. i do think if we get a big hit as related to the fiscal cliff, i think a recession is all but inevitable. dagen: uncertainty is always used. you never know what the future will hold. this time we are really uncertain. how you handle it for your clients? do you say there i a 60-ready chance? >> we have laid out numbers for our clients. purely as a play on the fiscal cliff, i think that is fairly dangerous. there are a lot of investors whether it is solely for that reason. the election, to some degree, it is related. uncertainty about taxes and regulation in particular is the number one concern they have right now. there is a declining number. connell: you do find reason to be positive? >> i do. con
he is very optimistic about the economy, usually. even he yesterday with using the recession worse than the possibility of falling back. have you completely discounted that possibility? >> no. i think it is -- the likely impact will be something less than that. when you only have 4% or so nominal gdp growth, there is not much of a question. i do think if we get a big hit as related to the fiscal cliff, i think a recession is all but inevitable. dagen: uncertainty is always used. you never...
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he thinks the economy is bad but he used to decide whether we're in recession. he doesn't think we're there yet. >> he used to side whether to call it a recession. i don't think he decided whether we went into. david: no, i don't think anybody would decide to do that. lauren: it feels like we're in one, right? that's what matters. >> to the people surely out of work it surely feels like a recession. people struggling to get orders it feels like a recession. i don't think the technical issue matters. i think the real challenge ahead is do we go over the fiscal cliff january 1st? if we do, then for sure we're going to be in a recession. that will take 3 1/2% out of the gdp. that is a stroke of midnight. that is a big hit. we don't grow at 3 1/2%. so that clearly would put us in. lauren: the chief economist of the imf said today it will take 10 years to get out of this funk. that was just amazing. but you've been very clear about this, wilbur. saying that mitt romney is the guy to help the markets. why are you so bullish on mitt romney? >> well, for several reasons
he thinks the economy is bad but he used to decide whether we're in recession. he doesn't think we're there yet. >> he used to side whether to call it a recession. i don't think he decided whether we went into. david: no, i don't think anybody would decide to do that. lauren: it feels like we're in one, right? that's what matters. >> to the people surely out of work it surely feels like a recession. people struggling to get orders it feels like a recession. i don't think the...
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the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being dispassionate and explain in great detail why his prescription would help the economy. i think most people don't get it yet. they don't understand the romney prescription. he has time. i want to emphasize, the race is not over yet. plenty of money, two more unemployment reports to come three presidential debates. he has time, but he has to explain clearly why his plan is better. stuart: i've got one more thing i wish you could explain for me again. again in a poll in ohio out this morning, it gives president obama a 25 point lead amongst women. can you
the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being...
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economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not reported. you have to grow the gdp, which is the numerous rate tore, i mean the denominator then you get the debt-to-gdp ratio fall. you need growth and spending cuts. melissa: you think the political will is out there to really riot at some point? >> i think washington, look i think the american people, the vast majority of us, are willing to make these decisions about, what are we going to do about the future of medicare and social security. the one thing we always americans have to grapple with, we don't talk
economy. i think we could see pretty rapid rates of growth in next couple years if we get some of these problems solved which i think is coming. i think we'll see tax reform. i think we'll see entitlement reform in this country. you know what? give how bad this recovery has been so far, melissa, we're still five million jobs short where we were five years ago. melissa: yeah. >> you get the economy moving again that debt-to-gdp ratio falls. that is the good news of the story that is not...
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Sep 28, 2012
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the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, yes, we would. ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. ve lately. yes, it is. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. os
the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, yes, we would. ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go....
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he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our unemployment rate of 8.1% currently is really about the same as it was in january. we're really not making progress, at least not this year. so our concern is not really a recession, our concern is growth will continue but at a pace that's insufficient to put people back to work. >> reporter: he says inflation rates have been on target, though the federal reserve continues to watch that, and that the fed has the tools to unwind and watch inflation. ashley? ashley: yeah, interesting session today with mr. bernanke in indianapolis. rich, thank you very much. let's go to adam shapiro in the studio. adam, we'r
he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our...
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>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the private sector hiring last month 160,000 jobs added. lower than the month before. here to break down is our harvard economist. jeffrey, this is a payroll processor the works of private businesses, what does it mean for the jobs report on friday? >> appms numbers are not always indicators it is a pretty good report by it is not great consistent over months with the new normal we grow slowly so the unemployment rate does not come down even though people employed is going up not much faster. gerri: they say small business hirin
>> jobs and the economy. our governor tries to bring business with jobs and employing people but constantly fighting the federal government of overregulation. that has got to stop. romney will make a difference not only in our state but then the country. gerri: it is a pleasure. i will be watching the debate tonight. pam bondi. stocks are higher today with the new jobs report but is it something to be happy about? up review -- a preview of friday's report next. gerri: the jobs market. the...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined.
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious....
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Sep 30, 2012
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the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, yes, we would. lou: stock market closing out a terrific third quarter as ben bernanke's easy money policies make investors feel good. we take that up with lou, neant money line, stocks finishing lower on the day, but posting the third best quarter since 2010. the dow jones industrial's dropping 49 points. s&p is down six and a half, and nasdaq down 20, but still well off the lows of the day. dragging the market today, consumer spending, up just half a percent, increase because of higher gasoline prices. oversea, bank of spain releasing an audit showing seven of the countries failed stress tests despite anxiety about the eurozone. the big three indexes up 44% for the quarter. a federal judge today delivering a blow to the future trading commission and its effort to implement portions of the dodd-frank financial reform law. the judge rejected regulations that would have capped the amount of positions a trader can hold and the size of that position in var
the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, yes, we would. lou: stock market closing out a terrific third quarter as ben bernanke's easy money policies make investors feel good. we take that up with lou, neant money line, stocks finishing lower on the day, but posting the third best quarter since 2010. the dow jones industrial's dropping 49 points. s&p is down six and a half, and nasdaq down 20, but...
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Sep 26, 2012
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their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even if the crude comes -- will move out. cheryl: one other issue. talking about the election and november around the corner. do you find people sort of have true conversations about investment decisions at the end of the year? >> absolutely and people will be more concerned about that in october. the first of three presidential debates was the vice-presidential debate. people are disgusted with the lack of movement in washington concerning the fiscal cliff so part of the problem, the apathy in the market is people don't know where to go. very unclear and the light at
their economy will suffer a double little bit. they need crude-oil. people driving cars over there show the market coming of the way it did. those cracks blew out today. refinery fire in canada turned out to the storage tank. if you look at the cracks between the prices of crude oil versus gasoline that made a tremendous move today and there are other factors. may be a blip in that market but those cracks have been strong going forward so you will see strength in the product versus crude even...
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Sep 29, 2012
09/12
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the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, wall street legends say, oh, yes, we would.ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay ale... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. lou: stock market closing out a terrific third quarter as ben bernanke's
the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, wall street legends say, oh, yes, we would.ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get...
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Sep 29, 2012
09/12
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the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, wall street legends say, oh, yes, we would. with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, everday! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capitalne. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? lou: stock market closing out a terrific third quarter as ben bernanke's easy money policies make investors feel good. we take that up with lou, neant money line, stocks finishing lower on the day, but posting the third best quarter since 2010. the dow jones industrial's dropping 49 points. s&p is down six and a half, and nasdaq down 20, but still well off the lows of the day. dragging the market today,
the economy, apparently, needs it, and with the easy money, we couldn't poly did over the cliff, could we? wall street legends say, oh, wall street legends say, oh, yes, we would. with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, everday! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the...
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the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little bit better going into december. you can make the story up as well as i can. china will have a november 15 and over good that will be done. a lot of things on hold. things have been on hold with the change of leadership. they have said, i was over there two weeks ago, they have told me they believe the people on the ground, not the people -- they would get a better fourth order. the third quarter would be the low quarter. europe will get a little bit better. the u.s. will have a change by the end of november. liz: never count out the chi
the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little...
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remember, please the economy is at stall speed. unemployment 8%, and foreign policy in the middle east unravelling, little mention in the mainstream media. listen from the obama campaign team in advance of debate campaign spokeswoman, quote, what the american people are looking for is not just a professorial list of facts or accomplishments or even goals. obama has a tendency to give long substantive answers. simply, she is saying the president too smart for the average american. here is the washington examiner's reaction to that quote. worry about obama being too professor professorial to couch-sitting beer drinkers. the polls have him ahead and bill o'reilly is here to talk about the debate and how the media will spin it. all the names at the top of the hour. bill o'reilly. and talking to college student at university of michigan as part of the job creations solutions tour, and responded to the heckler. listen to this. >> this is the-- [crowd boos] . >> usa, usa. >> and that economy 25% of the world gdp. stuart: you want to hear
remember, please the economy is at stall speed. unemployment 8%, and foreign policy in the middle east unravelling, little mention in the mainstream media. listen from the obama campaign team in advance of debate campaign spokeswoman, quote, what the american people are looking for is not just a professorial list of facts or accomplishments or even goals. obama has a tendency to give long substantive answers. simply, she is saying the president too smart for the average american. here is the...
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what happed, it has been a horrible economy, a horrible recession. melissa: why thud anyone collect it after six months? why is it fair for some and not others? >> well it has been a choice congress made. it is a humanitarian choice. you can, there is pluses and minuses of it. on the downside, a year and a half worth of benefits does cause people to stay unemployed longer. on the plus side, it is a help to people who are in difficult situation. but you ought to say, all right, if we'll have this policy only should be targeted to those in difficult situation. melissa: how is it not a difficult situation? if you're making $100,000 a year. you own a house. you're paying a mortgage. you feed your kids. you clothe them. you have your monthly expenses. lose your job because of the economy. i mean what are you going to stop paying as a result? why are these people in any less of an unfortunate situation then someone else who makes less but maybe they have fixed costs per month also lower than the person who makes 100,000 a year? both cases are kind of in di
what happed, it has been a horrible economy, a horrible recession. melissa: why thud anyone collect it after six months? why is it fair for some and not others? >> well it has been a choice congress made. it is a humanitarian choice. you can, there is pluses and minuses of it. on the downside, a year and a half worth of benefits does cause people to stay unemployed longer. on the plus side, it is a help to people who are in difficult situation. but you ought to say, all right, if we'll...
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Sep 27, 2012
09/12
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people are feeling better about the economy. consumer confidence is up, and people have not been convinced that mitt romney would be any better than barack obama. cheryl: but you know what, scott? 60% of americans right now believe that we're in a recession still. i mean, maybe we're not technically in one, but americans still feel that way. explain to me the numbers behind this. >> well, 60% say we're still in a recession, that's not a great number. it was over 70% a couple of years ago, so the trend is moving a little bit better. the number of people who say the economy will be stronger in a year is 36% now, that's up a little bit from earlier in the year. so we're seeing maybe not good economic news or good economic reception, but people are starting to see a light at the end of the tunnel. and, again, it comes back to a comparison. people don't think they're better off than they were four years ago, they don't think they're worse off. only a third think things will get better if barack obama is reelected, but only 36% think
people are feeling better about the economy. consumer confidence is up, and people have not been convinced that mitt romney would be any better than barack obama. cheryl: but you know what, scott? 60% of americans right now believe that we're in a recession still. i mean, maybe we're not technically in one, but americans still feel that way. explain to me the numbers behind this. >> well, 60% say we're still in a recession, that's not a great number. it was over 70% a couple of years ago,...
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Sep 28, 2012
09/12
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on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is going to happen. >> what is going to happen is, you and i have talked. it the market has got to stop going up. yields are going to rise because if bernanke is right and it works the economy gets better if yields rise. there will be so much money lost in the bond market that people are not going to believe what happens to it, and that is going to force them, force them to go other places. lou: as always to the thank you for being here. thank you very much. up next, the obama administration admits the september 11th attack and libya that result
on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is...
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Sep 27, 2012
09/12
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bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital investment and that is simply not happening. the money lent to our government is dead money and is not out investing in productive assets. stuart: are we going to recession? >> it would be hard to argue not. i was having this discussion last night, isn't it odd we see a couple diametrically opposed views of economically growth in washington right now? ben bernanke trying to create the wealth effect. everybody feels more wealthy because the asset prices are going up, that helps the economy come around. by the same token if you look to the democratic side of things, if you look at the other
bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital...
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economy. some members are skeptical more actual boost the economy. right now of 81 points. green arrows across the board. medicare fraud strikeforce charging 91 people with medicare fraud. including doctors, nurses and other licensed professionals in seven cities. more than $429 million by the medicare fraud strikeforce. factory owners slipping more than 5% in august rate down by slumping demand for transportation equipment. marking the biggest decline since january 2009. that is the latest from the fox business network giving you the power to prosper. ashley: shares of u.s. home builders have been on a tear. many stocks more than doubling over the past year, so with the huge run-up is it risky to buy in now? joining me now, homebuilding analyst for rbc capital markets. thank you for being here. the fac phase of recovery is stl painfully slow. before we get to the individual stocks, credit lending still very tight. i think you can't have a recovery in homebuilding until you have the recovery in the home market. >> i disagree with that. one of the premier u.s. home builders
economy. some members are skeptical more actual boost the economy. right now of 81 points. green arrows across the board. medicare fraud strikeforce charging 91 people with medicare fraud. including doctors, nurses and other licensed professionals in seven cities. more than $429 million by the medicare fraud strikeforce. factory owners slipping more than 5% in august rate down by slumping demand for transportation equipment. marking the biggest decline since january 2009. that is the latest...
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Sep 26, 2012
09/12
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economy, the u.s. markets because of the fiscal cliff and other issues going the same way of greece and spain. do you still think that is a possibility? because it looks like the u.s. economy in small increments has been getting better. >> it is. but you've got to think about it logically, right? so the s&p 500 stocks, they're up 26% from where they were last year, right? now, here's where it gets interesting. this quarter, q3, analysts are expecting a 2.7% drop in earnings, but yet the market's march higher. i'm okay with this quarter, actually, i'm kind of okay with it. i think the economy's still a little bit in stall speed. here's why i have a problem. i have a problem in q4, analysts are expecting a jump of 9.5%, and in 2013 another jump of 13% over 2012. how are we going to get there? i don't see the catalysts, the real catalysts for this sort of growth. and here's why. margins are at an all-time high. companies can keep cutting costs, right? you can let go of employees, you can make your process
economy, the u.s. markets because of the fiscal cliff and other issues going the same way of greece and spain. do you still think that is a possibility? because it looks like the u.s. economy in small increments has been getting better. >> it is. but you've got to think about it logically, right? so the s&p 500 stocks, they're up 26% from where they were last year, right? now, here's where it gets interesting. this quarter, q3, analysts are expecting a 2.7% drop in earnings, but yet...
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Sep 28, 2012
09/12
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i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral issue or is it just about making money? mark lanier will defend his business model. i should say profession. next. things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. stuart: first off is mcdonald's. nicole: it was custom neutral. on growth concerns. looking at the noted and the global picture and we will look at the next company but just right off the bat when you look at the analysts' reports
i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral...
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Sep 28, 2012
09/12
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plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
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how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible unemployment crisis. dennis: what is your bike to obama? >> the president needs to paint the picture and be clear about where we have been and where we are and where we are going. make it clear the future is brighter. dennis: i am sick of the president blaming the other guy for problems he helped create. what do you say? >> my furnace sauce going into this is romney has to state you have been the president for the last four years, not george w. bush. we came out of some real problems in 2008 but the economy was getting better. the admini
how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible...
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that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early in the weekend bad numbers today. can't make sense of that. stuart: i won't say it was a romney rally. >> if you did i would back you up. stuart: wait a second. let's be serious. we are five weeks from the election. we have had one debate and a result that favors romney. can you really say the dow up 1900 points is a result of romney's win? >> i think it gives it some additional momentum. it gives a little bit of a boost because romney is the choice of wall street. he is good for the market and good for the economy. the people who work
that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early...
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Sep 27, 2012
09/12
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nicole: all of those things are very important to the economy. focusing on the budget and moving forward. we have had a stronger euro, weaker dollar. really gave a boost to our market here. they are very sensitive to the headlines abroad. the dow is up 78-point right now. i want to talk about the analyst calls. first yahoo! with a bite over at goldman sachs. just saying now that it is looking pretty good for yahoo! back to you. melissa: thank you so much. we'll climbing back after closing below $90 a barrel yesterday. so much weakness in that. bill clinton is in the pits -- phil flynn is in the pits. >> if you look it goes off the board today. the biggest spread to the next month. it is a classic squeeze play. a lot of physical counseling buyers as well as a lot of people betting after hurricane isaac gasoline production would come storming back. a lot of issues around the globe about not just here in the u.s., imports of gasoline are down big time. every major market across the country, you have the tightness of supply. there is worried that the
nicole: all of those things are very important to the economy. focusing on the budget and moving forward. we have had a stronger euro, weaker dollar. really gave a boost to our market here. they are very sensitive to the headlines abroad. the dow is up 78-point right now. i want to talk about the analyst calls. first yahoo! with a bite over at goldman sachs. just saying now that it is looking pretty good for yahoo! back to you. melissa: thank you so much. we'll climbing back after closing below...
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Sep 26, 2012
09/12
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steel is more of a reflection of the global economy, domestic economy. one thing i do like it create ad lot of support at 19. i'm worried about the catalyst. if someone is in it i think it is too late to sell but i'm still not ready to jump on that particular stock. ashley: why is it moving higher? can't figure out why any is -- >> ceo of netflix is barking. making a stand. amazon can't tough us. listen, that is what a ceo is supposed to do. facebook, speaking of ceos and what they're supposed to do, it generated now a cult of traders has facebook. under 20 you buy it. over 23 you sell it. if someone wants to play the game more power to them. as far as long-term buy and hold --. ashley: not a good thing. >> they have to see they can make money particularly with mobile. that leaves us with deckers. this is winter play. you know they make uhgs, right? they wear them in the winter time. i don't want to be there when they take them off, that is number one. this is winter stock. we haven't had a real winter. ashley: not last year. >> this is one thinking look
steel is more of a reflection of the global economy, domestic economy. one thing i do like it create ad lot of support at 19. i'm worried about the catalyst. if someone is in it i think it is too late to sell but i'm still not ready to jump on that particular stock. ashley: why is it moving higher? can't figure out why any is -- >> ceo of netflix is barking. making a stand. amazon can't tough us. listen, that is what a ceo is supposed to do. facebook, speaking of ceos and what they're...
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the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what
the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work....
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Sep 29, 2012
09/12
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, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls from top republicans to do so. he came under fire saying that women can biologically prevent pregnancy after a rape. told the washington watch weekly that aiken was successful in his holdout. >> the first day or two were, it was like the waco with david koresh situation where they're trying to smoke him out with the s.w.a.t teams and the helicopters and the bad nancy sinatra records. then here comes day two and you realize the guy's not coming out of the bunker. >>> and we've got much more ahead this hour. >> here's what's coming up. >>> the battle over voter i.d. is heating up acro
, and in his understanding of what's missing right now in the economy. you know, the pieces that are missing to get this jump started. so, for me, i think it would just be the emotional part of it. >> much more on the presidential race later in the show, including a look ahead at the upcoming presidential debate. >>> and a consultant for congressman todd aciken is comparing him to the 1993 waco, texas, incident. he refused to drop out of the missouri senate race despite calls...
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economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is close to where we think it should be. low enough so it does not create major problems for businesses, markets and so enough and high enough to stay away from the deflation boundary. the other thing is getting to your banking system and recapitalizing and getting it back into operation as soon as possible. japanese to
economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that....